Lifetime Resources Inc

Charity Navigator Rating: Needs Improvement

Lifetime Resources Inc has received a rating of 64% from Charity Navigator, indicating that the organization is classified as needing improvement. While it excels in accountability and finance with a perfect score in that category, it faces significant challenges in transparency and governance. The organization has a substantial program expense ratio of 86.59%, reflecting a commitment to its mission, but lacks essential policies and documentation that are critical for public trust.

The board composition shows some independence with 66% of its members being independent. However, the very low score in independent board size suggests a lack of robust governance. Additionally, the absence of key policies such as conflict of interest and whistleblower protections raises concerns about the organization’s operational integrity. The lack of publicly available financial statements and tax documents further complicates its transparency.

Overall, while Lifetime Resources Inc demonstrates a strong focus on program expenses and accountability, its shortcomings in financial disclosure and governance policies highlight areas for improvement. Strengthening these aspects could enhance trust and support from stakeholders and the general public.

This AI summary has been generated from information found on Charity Navigator.

Lifetime Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifetime Resources Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $84,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,341,560

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